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July 12, 2018 -- Royal Philips, the parent company of Philips Healthcare, has secured long-term contracts with two German hospital groups.

Kliniken der Stadt Köln in Cologne and Philips signed a 15-year, 90 million euro agreement under which Philips will deliver, upgrade, replace, and maintain advanced medical imaging services and help the hospital improve its radiology workflows. The contract covers all of the clinic's locations, which include Holweide, Merheim, and the Children's Hospital Amsterdamer Strasse, and Philips will support the clinic's construction of a new radiology unit in Merheim.

The company also signed an eight-year, 50 million euro agreement with Städtische Klinikum München in Munich, under which it will upgrade more than 200 of the hospital's imaging systems and provide medical imaging consulting services, it said.

As part of the agreements, Philips will install its IQon spectral CT scanner in both hospitals, it said.